Stunning 5-Unit Building Above Glenoaks! 2 units will be delivered vacant! 5.71% CAP RATE! First time on the market in 41 years! Incredible investment opportunity in prime North of Glenoaks. 5-unit building offers a fantastic mix of comfortable living spaces and ample parking, making it a dream for both investors and future residents. Its unit mix consists of: (1) 3 Bed, 2 Bath with private yard (VACANT), (1) 2 Bed, 1 Bath (VACANT), (1)2 Bed,1 Bath Plus Den can be used as third bedroom, (1) 2 Bed, 1 Bath Largest floor plan with 400 SQFT private deck! 6 Parking spots with own laundry room on the first floor. Conveniently located in a sought-after area in Glendale 91201 North of Glenoaks Blvd, this property offers easy access to schools, shopping, dining, and transportation, making it highly attractive for renters. Act fast, as opportunities like this are rare!
Property Details
Price:
$1,799,999
MLS #:
GD25019221
Status:
Pending
Baths:
0
Address:
1164 Raymond Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
626glendalenorthwest
City:
Glendale
Listed Date:
Jan 27, 2025
State:
CA
ZIP:
91201
Lot Size:
6,701 sqft / 0.15 acres (approx)
Year Built:
1964
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
6 Burner Stove
Cooling
Wall/ Window Unit(s)
Fireplace Features
Family Room
Heating
Wall Furnace
Exterior
Community Features
Mountainous
Garage Spaces
1.00
Lot Features
0-1 Unit/ Acre
Parking Features
Assigned
Parking Spots
1.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
Mountain(s)
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Trash Collection
Utilities
Cable Available
Map
Community
- Address1164 Raymond Avenue Glendale CA
- Area626 – Glendale-Northwest
- CityGlendale
- CountyLos Angeles
- Zip Code91201
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1164 Raymond Avenue
Glendale, CA
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